Friday, July 18, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

SOL Price Prediction for March 13: Will Solana Overcome Resistance and Rally to $130?

Irene Mukiri by Irene Mukiri
March 12, 2025
in Binance Feed, Market
Reading Time: 3 mins read
SOL price prediction for March 13 Will Solana Overcome Resistance and Rally to $130
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • SOL faces resistance at $126-$128, with $130 as the next bullish breakout target.
  • Support at $122 holds, but a drop below $120 may trigger further downside risks.
  • Analysts predict a 5.70% SOL price rise in March 2025, targeting $137.12 highs.

Solana (SOL) continues to experience market fluctuations, with the price showing both upward and downward movements. The asset currently trades at $123.81, reflecting a 0.47% decline in the last 24 hours. This drop suggests a slight bearish trend, but the market remains highly volatile. 

SOL previously touched a high above $126 before facing a correction, bringing it back to its current level. The price action indicates that traders are closely monitoring key support and resistance levels to determine the next significant move.

Related articles

Backpack Launches Neutral FTX Claims Sale Platform to Assist Global Holders in Recovery Process

Backpack Launches Neutral FTX Claims Sale Platform to Assist Global Holders in Recovery Process

July 18, 2025
How Did Circle's Stock Jump From $31 to $299 in Just Weeks

How Did Circle’s Stock Jump From $31 to $299 in Just Weeks?

July 17, 2025

Key Support and Resistance Levels

Solana’s price has encountered resistance at the $126 to $128 range, where selling pressure has emerged. If the price breaks above this zone, the next major target is $130, a psychological level that could spark further bullish momentum. However, failure to sustain upward movement may lead to another retracement.

Source: CoinMarketCap

On the downside, SOL has demonstrated support around the $122 mark, where buyers have stepped in to prevent further losses. If the price dips below this level, the next critical support lies between $118 and $120. This range could act as a strong barrier against additional declines if selling pressure intensifies.

Technical Indicators and Market Sentiment

SOL/USD daily price chart, Source: TradingView

The Relative Strength Index (RSI) currently stands at 36.02, indicating that SOL is approaching oversold territory. This suggests that a potential price rebound may occur if buying momentum strengthens. However, continued weakness could lead to further downside movement.

The Moving Average Convergence Divergence (MACD) indicator also signals bearish sentiment. The MACD line remains at -15.67, while the signal line is at -15.03. This negative reading reflects ongoing downward momentum, indicating that sellers are still in control. A shift in market sentiment will be necessary to drive a sustained upward move.

March 2025 Price Outlook

Looking ahead, Coincodex analysts anticipate a price increase for Solana in March 2025. Projections suggest a 5.70% rise, with potential highs reaching $137.12. 

The lower estimate stands at $122.14, while the average price could hover around $131.15. Despite recent market challenges, this forecast indicates a possible reversal from the asset’s previous 30-day decline of 39.59%.

Tags: Price AnalysisSolana (SOL) News

Related Posts

Backpack Launches Neutral FTX Claims Sale Platform to Assist Global Holders in Recovery Process

Backpack Launches Neutral FTX Claims Sale Platform to Assist Global Holders in Recovery Process

by Veronicah Peninah
July 18, 2025

Backpack has launched a neutral, fee-free FTX claims sale channel connecting holders to interested third-party buyers. The platform provides a...

How Did Circle's Stock Jump From $31 to $299 in Just Weeks

How Did Circle’s Stock Jump From $31 to $299 in Just Weeks?

by Munene Timothy
July 17, 2025

Circle's IPO surged from $31 to $298.99, lifting its market cap to $72B amid strong demand for USDC and digital...

PEPE Eyes Breakout as ETH-Linked Momentum Builds What Are the Next Price Levels

PEPE Eyes Breakout as ETH-Linked Momentum Builds: What Are the Next Price Levels?

by Munene Timothy
July 17, 2025

PEPE nears 0.00001400 resistance after a 38% rally, with bullish EMAs and a textbook cup-and-handle formation. MACD and RSI indicators...

Bitcoin Dominance Falls Below 63% as Ethereum Rises and Altcoins Rally Across the Market

Bitcoin Dominance Falls Below 63% as Ethereum Rises and Altcoins Rally Across the Market

by Veronicah Peninah
July 17, 2025

BTC’s market dominance has dropped below 63%, suggesting a shift in capital flow toward Ethereum and altcoins. ETH breaks above...

ADA Price Prediction Is $1.50 Within Reach for ADA

ADA Price Prediction: Is $1.50 Within Reach for ADA?

by Irene Mukiri
July 17, 2025

ADA eyes breakout above key trendline as momentum and volume signal strong rally MACD crossover and RSI near 79 confirm...

Load More

Recent News

  • Backpack Launches Neutral FTX Claims Sale Platform to Assist Global Holders in Recovery Process
  • How Did Circle’s Stock Jump From $31 to $299 in Just Weeks?
  • PEPE Eyes Breakout as ETH-Linked Momentum Builds: What Are the Next Price Levels?
  • Bitcoin Dominance Falls Below 63% as Ethereum Rises and Altcoins Rally Across the Market
  • ADA Price Prediction: Is $1.50 Within Reach for ADA?

Popular News

  • Solana SOL Has Just Reclaimed $7 Billion in DeFi TVL

    Solana: SOL Has Just Reclaimed $7 Billion in DeFi TVL

    231 shares
    Share 92 Tweet 58
  • Over $33M in Token Unlocks Set to Impact Crypto Markets Amid Escalating Global Tensions

    199 shares
    Share 80 Tweet 50
  • Bitcoin and Ethereum Face Pressure as 2,500 BTC and 80,000 ETH Hit Exchanges Amid Political Fallout

    194 shares
    Share 78 Tweet 49
  • KEKIUS Price Prediction for June 2025: Signs of Weak Momentum and Accumulation Battle

    195 shares
    Share 78 Tweet 49
  • SEC Approves Nasdaq Crypto Index Update to Include SOL, ADA, XLM, and XRP

    195 shares
    Share 78 Tweet 49

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Backpack Launches Neutral FTX Claims Sale Platform to Assist Global Holders in Recovery Process
Backpack Launches Neutral FTX Claims Sale Platform to Assist Global Holders in Recovery Process
July 18, 2025
How Did Circle's Stock Jump From $31 to $299 in Just Weeks
How Did Circle’s Stock Jump From $31 to $299 in Just Weeks?
July 17, 2025
PEPE Eyes Breakout as ETH-Linked Momentum Builds What Are the Next Price Levels
PEPE Eyes Breakout as ETH-Linked Momentum Builds: What Are the Next Price Levels?
July 17, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact